Nov. 17, 2008

Garth Brooks and Trisha Yearwood's Malibu, CA purchase price revealed; country stars paid the precise $4.95M asking price for their new home

Public records have cleared on the purchase price for the 3,711-square-foot house in Malibu, Calif. that country stars Garth Brooks and Trisha Yearwood purchased in May, and they reveal that the couple paid exactly the home's 4,950,000 asking price.

In a Big Time Listings exclusive, we can provide the exact purchase price for the couple's latest acquisition, which the couple purchased through a Nashville-based trust back on May 12 (deal wasn't recorded until June 24). However, the precise amount they paid for the three-bedroom house just became available in public records not long ago.

Back on July 1, we wrote about the couple's purchase of the house, prompted by the Los Angeles Times' Ann Brenoff's piece that ran online the day before. The house first had been on the market for $5,450,000, and later had been listed for $4,950,000.

Built in 1958, the couple's new house has three and a half baths and sits on a gated and wooded, 0.56-acre parcel wedged between the Pacific Coast Highway and hte ocean, with beach access (but not directly on the ocean), according to public records. Features include a master bedroom with hardwood floors and an outdoor patio with a fireplace, Brenoff noted. One of their neighbors is hockey legend Chris Chelios (still going strong in the NHL at age 46!), who in 2003 paid exactly $6,000,000 for the 3,795-square-foot oceanfront house immediately south, according to public records.

As we noted back on July 1, Brooks and Yearwood also own a 2,400-acre ranch in Owasso, Oklahoma, while Brooks continues to own a 5,551-square-foot house on 19.8 acres in Goodlettsville, Tenn., which he purchased in 1991 for $435,000 from former Nashville Mayor Richard Fulton, according to public records. Finally, Brooks also owns some scattered properties in Tulsa County and Oklahoma County in Oklahoma, according to public records.

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